STAN JOHNSON CO. COMPLETES SALE OF AUTO STORE

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KATY, TEXAS — Stan Johnson Co. has completed the sale of a ground lease for a freestanding AutoZone location to an individual investor for an undisclosed price. The property is located on 0.77 acres at the corner of Katy Ft. Bend and Franz roads in Katy. Hunter Jaggard and Daniel Herrold of Stan Johnson Co.’s Houston office represented the seller, Gulf Coast Commercial Group. Geoff Hannan of Capital Real Estate Investments represented the buyer, which was participating in a 1031 exchange.

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